Lending

The Appraisal Institute announced the election of Jim Murrett to serve as the organization’s vice president in 2016. Murrett’s one-year term at the Appraisal Institute will begin Jan. 1, followed by one year each as president-elect, president and immediate past president.

In a speech last week in New York, former Texas Gov. Rick Perry positioned himself, surprisingly, as a populist ready to take on Wall Street, laid the blame of the housing crisis on the “destructive homeownership policies” of the Clinton administration, and warned that the next crisis is coming.

A man died after being hit by a car in Western Oklahoma while he was bicycling across America to raise money for affordable housing. Wanninkhof was part of the group Bike & Build, which raises awareness for affordable housing.

Fidelity National Financial (FNF) announced Friday that it increased its ownership stake in ServiceLink Holdings from 65% to 79% as part of a recapitalization of ServiceLink, a provider of transaction services to the mortgage and finance industries.

Are Millennials interested in obtaining credit after witnessing their families struggle as a result of the recent recession? ID Analytics conducted a study on their credit scores to figure out where they stand. The answer may surprise you.

Is the “home prices at all-time high” thing hype or hope, as appraisers see it? And why are Llano Financing Group and Carrington Capital Management suing so many appraisers? Plus, will homeowners and appraisers ever see eye-to-eye? Read on.

The specific needs of correspondent lending divisions often get overlooked in the development of mortgage technology solutions. Texas Capital Bank is looking to change that formula with a new correspondent line and platform to forge stronger ties between correspondent sellers and investors in the process.

The only downside to a program like this is the difficulty in choosing winners. The field grows more competitive every year, with more nominations from a much broader field. This is a cause for celebration in and of itself, but one that presents a real challenge for our editorial staff. Our solution was to increase the number of winners from 30 to 40; we simply had too many incredible candidates to do less.

For months the Consumer Financial Protection Bureau was adamant that despite repeated pleas that the mortgage finance industry would not be ready for the Aug. 1 effective date for the onerous TILA-RESPA Integrated Disclosure rule, that it was a hard deadline.

This Month in HousingWireMagazine

Mere stats don't tell the real story of these outstanding leaders. They represent the whole spectrum of the housing economy, from real estate agents to originators to nonprofits. They lead companies, mentor others and give back to their communities. Read on to find out how each one is inspiring..

HousingWire covered the introduction of Costco into the mortgage lending space and it made the industry nervous. Lenders openly asked each other at conferences, “Who will be next? Google, Apple?” Well, that never happened. Here's the story why, in long-form feature. Read More

From both an operational and regulatory standpoint, the industry continues to progress as new technological advancements are made and new regulations and policies are implemented. While it is important to change with the times, it is equally important to define and maintain the very essence of your company’s own core vision and values, so that you can succeed regardless of the inevitable changes the industry will undergo. Read More